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MMFXSignals

USDCNH SHORT TRADE

Short
U.S. Dollar/Chinese Yuan (FX:USDCNH)  
MMFXSignals  
FX:USDCNH   U.S. Dollar/Chinese Yuan
Supply and Demand Chart Patterns Technical Indicators Forex Currencies USD CNH USDCNH exotics sellsignal signalprovider
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supplyanddemand chartpattern indicator forex currencies usd cnh usdcnh exotics sellsignal signalprovider
USDCNH broke key level at 7.0990
Pair is downtrend
Price is based below HVN at level 7.0931 which indicates that pair is in distribution phase
RSI rebounded from level 50 which is considered to be resistance level
It's expected to test the demand zone at level 7.0525
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